Westmoreland Coal Company (WLB)
Westmoreland Coal Company Beneish M-Score: -3.057
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WLB Beneish M-Score Rankings
| Overall | 76th percentile | 887 of 3771 |
| Sector | 87th percentile | 50 of 393 in Basic Materials |
| Industry | 80th percentile | 6 of 30 in Industrial Metals & Minerals |
WLB Beneish M-Score Range, Past 5 Years
| Minimum | -3.155 | Dec 2009 |
| Maximum | -2.293 | Jun 2007 |
| Average | -2.828 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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WLB News
$WLB forms bearish "Descending Continuation Triangle" chart pattern. http://stks.co/3qUu
about 16 days ago by RecogniaEvents
about 16 days ago by RecogniaEvents
$WLB forms bullish "Double Bottom" chart pattern. http://stks.co/3Yvo
about 34 days ago by RecogniaEvents
about 34 days ago by RecogniaEvents
$WLB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/37Pb
about 65 days ago by MarketBrief
about 65 days ago by MarketBrief
$WLB http://stks.co/2eSi broke rising trend supp and stair stepping lower, pause here maybe at MM, next MM 8.50
about 91 days ago by harmongreg
about 91 days ago by harmongreg
Westmoreland Coal (WLB) Prices $125M in 10.75% Senior Secured Notes due 2018
Jan 24, 6:55AM Street Insider
Jan 24, 6:55AM Street Insider
$WLB http://stks.co/1ajM not there yet, but over 11.75 has 10% upside
about 167 days ago by harmongreg
about 167 days ago by harmongreg
Top Trade Ideas for the Week of September 12, 2011: The Best | via @harmongreg http://stks.co/AmW $CF $DIS $NFLX $WLB $WTW
about 263 days ago by chartly
about 263 days ago by chartly
Top Trade Ideas for the Week of September 12, 2011: The Best | via @harmongreg http://stks.co/AgZ $CF $DIS $NFLX $WLB $WTW
about 263 days ago by STNet
about 263 days ago by STNet
Top Trade Ideas for the Week of September 12, 2011: The Best http://stks.co/AIW $CF $DIS $NFLX $WLB $WTW 5 Set Ups 8 Trades $put
about 264 days ago by harmongreg
about 264 days ago by harmongreg
$WLB http://stks.co/A36 out of the bear flag between 10.3/11.3, target now 4 on MM
about 265 days ago by harmongreg
about 265 days ago by harmongreg
$WLB http://stks.co/5DI broke bear flag lower, supp at 9.2, 8.6 and 7.75 before Mm to 2.84
about 272 days ago by harmongreg
about 272 days ago by harmongreg
RT @jfahmy: $WLT is a true leader in the coal sector, what a monster! << $WLB one letter off from coal greatness and better vol.
about 507 days ago by azulgrana_
about 507 days ago by azulgrana_
($WLB) Australian floods shake global coal industry - http://eepurl.com/cceCn
about 508 days ago by ramillav
about 508 days ago by ramillav
aussie floods could help some #COAL firms $KOL $BTU $WLB http://bit.ly/eQ67Tk
about 512 days ago by charliehutch
about 512 days ago by charliehutch
@traderstewie another coal name i like/stalking $WLB..still to early to separate the signal from the noise after an open like that...
about 515 days ago by azulgrana_
about 515 days ago by azulgrana_
$WLB http://chart.ly/w8p43pk Monthly chart is less interesting.
about 530 days ago by Xiphos_Trading
about 530 days ago by Xiphos_Trading
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WLB | 7.48 | +0.19 | +2.61% | 103.82M |
| WIW | 12.98 | +0.01 | +0.08% | |
| WIT | 8.60 | -0.04 | -0.46% | 21.12B |
| WBSN | 18.58 | +0.08 | +0.43% | 700.28M |
| WBS | 20.27 | +0.39 | +1.96% | 1.775B |
| WBMD | 23.03 | +0.58 | +2.58% | 1.310B |
| WBK | 98.71 | +0.26 | +0.26% | 59.82B |
| WBC | 51.76 | -0.35 | -0.67% | 3.341B |
| WAYN | 8.54 | -0.01 | -0.12% | 25.62M |
| WAVX | 1.00 | +0.00 | +0.00% | 91.00M |
